CAOT 31 Lecture Notes - Lecture 4: Business Process, Statistical Hypothesis Testing, Markdown
Document Summary
Lee, g. napier, a. thompson, y. zheng (2010). A process analysis of global trade management: an inductive approach. The flow of products crossing country borders is increasing at a rapid pace. Researchers have found that logistics frictions can be an important determinant of the volume of trade between countries. Improving cross-border trade processes could reduce logistics frictions, encourage trade, improve supply chain performance and in the long run, increase the competitiveness of countries. Another complicating factor to world trade is the rapidly increasing number of regional trade agreements (rtas). Compliance to these rtas requires additional documentation, tracking and verification, all of which become part of the cross-border processes. Global trade management (gtm) describes the processes required to support cross-border transactions between importers, exporters, their trading partners and governments. It-gtm is the set of information technologies and software solutions that can be used by companies to streamline the performance of their global trading processes.